African cinemagoers’ appetite has been growing exponentially and the market now faces a massive shortage of cinema venues. Africa’s film and audio-visual industries could create over 20 million jobs and contribute $20 billion to the continent’s combined GDP according to the UN cultural agency, UNESCO. UNESCO also reported that Africa’s potential as a film powerhouse remains largely untapped, despite significant growth in production across the continent. While Nigeria alone produces around 2,500 films a year, there is only one cinema screen per 787,402 people in Africa, creating an unassailable opportunity for the exhibition companies to expand into this untapped market.
The forum is well-positioned to be the largest gathering of cinema investors in Africa as it is a collaborative effort between the National Film Authority of Ghana and the cinema convention organiser -the Great Minds Group.
Ferco Seating is proud to be an exhibitor at booth #7.
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